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Problem 2 Using Partial Financial Statement Information to Compute Amounts - Use the following information ( $ in millions ) from 3 D Company to
Problem Using Partial Financial Statement Information to Compute Amounts Use the following information $ in millions from D Company to determine the missing amounts. You must show your work to receive credit for your answer. point per question.
Net sales $
Total assets
End of year balance in cash
Income tax expense
Retained earnings
Gross profit
Net increase in cash for the year
Operating expenses
Net operating activities cash flow
Other income expense net
Paid in capital
What was Ds balance in cash at the beginning of the year?
What was Ds total liabilities at the end of the year?
What was Ds cost of goods sold for the year?
What was Ds net income or loss for the year?
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